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$5,550,000

Est. payment - /mo

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4 BD

3 BA

4,200 SqFt

Active

628 Waverley ST Palo Alto, CA 94301

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Graeham Watts

graehamwatts@gmail.com +1(650) 308-4727

UPDATED:

11/21/2024 07:20 AM

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $1,321

MLS Listing ID ML81985525

Bedrooms 4

Full Baths 3

Year Built 1904

Lot Size 5,250 Sqft

Property Description

Historic 1904 building in the desirable and dynamic City of Palo Alto. This charming 14-unit investment property is situated on a 5,250 square feet parcel of land, a gross building area of approximately 4,200 square feet, offering its tenants cozy studios, 1 and 2-bedroom floor plans. Several updated units contain updated cabinetry, stainless steel appliances, laminate flooring, tile flooring, and close proximity to Stanford University, Stanford Shopping Center, Downtown Palo Alto, multiple parks, and so much more. This investment appeal is asset-driven by low vacancy levels and a robust employment foundation. 628 Waverley Street is a world-class location in the heart of Palo Alto, a location attractive to Peninsula renters and Silicon Valley commuters. This UNIQUE property is a RARE FIND!

Location

State CA

County Santa Clara

Area Downtown Palo Alto

Zoning CDC

Rooms

Kitchen Appliances - Vary by Unit, Cooktop - Electric, Countertop - Other, Countertop - Tile, Exhaust Fan, Hood Over Range, Oven Range, Refrigerator, Varies by Unit

Interior

Heating Electric, Space Heater

Cooling None

Flooring Laminate, Tile, Vinyl / Linoleum

Laundry Washer / Dryer

Exterior

Parking Features On Street

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions Other

Tax ID 120-16-021

Miscellaneous None

Security Features None

Special Listing Condition Not Applicable

Listed by Rosemary Gibson • Berkshire Hathaway HomeServices DrysdaleProperties

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Graeham Watts

Realtor | License ID: 01466876

+1(650) 308-4727

628 Waverley ST Palo Alto, CA 94301

Graeham Watts

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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628 Waverley ST